My position is that having clear expectations demonstrates that I want to maintain a clean and respectful environment, and that online applications weed out the lower functioning tenants. 

Since I'm just starting out I'd function as PM.

PS: Most of the time when you buy a functioning business - and that's what a fully rented MFH setup is, a functioning business - you pay a premium for that purchase, with the risk that the numbers aren't as rosy as they seem.

We have moved to hardwired-interconnected with battery backup (in older buildings we use the ones that interconnect wirelessly if we cannot easily pull a 14/3 between the detectors).We also make it very clear in our lease that disabling or impairing the functionality of any fire/gas detection or suppression equipment is a minimum $200.00 fine and cause for termination of the tenancy.

@Annie Thompson  I think one of the main functions of the site is to compare actual product side by side and compare cities and see what kinds of returns.. are out their from the providers that post their inventory  its real inventory that can be bought and you don't need to go to a squeeze page to get the super secret inventory lists LOL..I would not base a buy decision solely on  online reviews.. 

If you are driving and see visual indicators of deferred maintenance it may be looking into who the buyer and is trying to contact them.

I would think of a deposit more of a tool and try to make it more functional.  

@David Faulkner  I think BP is just screwing with me I think they have disabled my functions on purpose.!!

Pictures will be added, but a general scope of work.Add interior wall to entry foyer to create another conference room for executive space Expand the windows in the front and replace with block windows to add more natural lightReplace front door, and make from columns more visually appealingAdd new monument type sign to the street frontIf we can get one approved by the city, get a new building signSome other interior improvementsHoping for a month to get it done, and we have a broker to re-lease the space.

Your operating expenses are exactly that: those expenses that occur as a function of operating the property.